Rumormill
Microsoft To Take A Bite Out Of Apple?
Microsoft (NASDAQ MSFT) continues to play catch up with Apple. (NASDAQ AAPL) While its Windows Vista program can best be described as a bust, they are now rushing Windows 7 to market as quickly as possible.
In fact, the number of people “downgrading” to Windows XP continues to grow. (This user, among them.) The Vista system, [...]
The Government: Putting the ‘G’ in GMAC
It wasn’t too long ago that if you purchased a new car, you often found yourself financing that purchase with a financial arm of the manufacturer. For example, if you bought a General Motors (NYSE GM) product, you financed it through their financing arm, GMAC (NYSE GMA). Same with a Ford (NYSE F) or a [...]
18May2009 | George Stevens | 0 comments | Continued
What’s in General Motors’ Fortune Cookie?
With almost everybody in the business community expecting General Motors (NYSE GM) to be forced into bankruptcy, let’s review some of the reasons why this icon of American industry has fallen on hard times:
Too many marquees. Currently, GM has at least 7 different brands under their banner (depending on what you count as a brand.) [...]
Barney’s Kiss of Death
In the sports world, when a coach or player receives the thumbs up from management, it often bodes poorly for that person. For some reason, the management types feel a need to hide behind “unfailing support” for the person, when in fact they are on their way out.
No one does this better than Al Davis, [...]
The Starbuck Stops Here
Come on gang, we’re not doing our part to help salvage those companies experiencing a financial downturn. Case in point, there was a time, (and not too long ago) when I’d drop a quick twenty bucks buying a round of Starbuck’s (NASDAQ SBUX) coffee for the gang at the office.
There was a certain feeling, having [...]
Leaning Tower of…. Chrysler?
We’re all familiar with spaghetti westerns, spaghetti straps, and spaghetti Alfredo. Today, this designation may be ready to be applied to the rumored head of an American automobile manufacturer: Spaghetti Chrysler.
Chrysler is truly an international traveler, having its ownership moved from the United States, to Germany with Daimler-Benz (NYSE DAI), back to America, and now [...]
Cry Uncle, Bank Of America!
I live in the capital city of the least populated state in the Union. Because of this fact, and because the population of the capital city is well under 60 thousand, who would have thought that banks here would multiply as quickly as rabbits in a hutch? In order to get to the primary shopping [...]
7Apr2009 | George Stevens | 0 comments | Continued
Care For Another “Cosmo,” B of A?
Should we be co-defendants in a class action law suit? Are we responsible for a Ponzi scheme? That’s right– you and me, Mr. and Mrs. taxpayer.
You see, one of the many beneficiaries of the bailout of financial institutions has been the Bank of America (NYSE BAC). Our government gave B of A an additional 20 [...]
Nano Nano
They’re cute, but not cuddly. They’re thin, but not fleet of foot. It boasts 4 instead of 2. Give up? I’m talking about the world’s cheapest automobile. Made in India and designed for the Indian way of life, the Tata (NYSE TTM) Nano is cute, lightweight, and having four wheels rather than the two its [...]
24Mar2009 | George Stevens | 0 comments | Continued
Weekend at Bernie’s
Bernard L. Madoff, that is. Bernie is currently relaxing in his New York jail cell - a far cry from old Bernie’s digs, a 7 million dollar penthouse that he and his wife Ruth share.
So what do you think? Is this a just end to Bernie’s gigantic ponzi scheme? Imagine the discomfort Bernie must suffer, [...]
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This article is a little mis-guided. If DCC never existed and we use our cards abroad with a different currency ...
Well, I think I can explain how Bank of America plans on reversing their financial straights.
First they are going to ...